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V

Vitec Software Group AB (publ) VIT B.ST · SEK

Information Technology · Nasdaq Stockholm · 🇸🇪 Sweden

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299.40

-0.13%

Close of 9 Nov 2026, in SEK

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At a glance

Figures in SEK, from our data supplier.

FY2025

Revenue

SEK 3.63bn

FY2016FY2025

Net income

SEK 435.4m

FY2016FY2025

Free cash flow

SEK 1.08bn

FY2016FY2025

Shareholders' equity

SEK 4.84bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueSEK 3.63bnSEK 3.33bnSEK 2.78bnSEK 1.98bnSEK 1.57bnSEK 1.31bnSEK 1.16bnSEK 1.02bnSEK 855.0mSEK 675.4m
Research and development—SEK 369.0mSEK 124.1mSEK 89.8mSEK 71.2mSEK 68.1mSEK 66.0mSEK 57.2mSEK 51.9mSEK 41.5m
Operating incomeSEK 718.8mSEK 697.4mSEK 590.1mSEK 355.8mSEK 283.1mSEK 222.4mSEK 143.9mSEK 128.4mSEK 113.1mSEK 88.3m
Net incomeSEK 435.4mSEK 410.1mSEK 339.2mSEK 244.9mSEK 206.9mSEK 160.7mSEK 102.2mSEK 96.9mSEK 79.4mSEK 66.8m
Diluted earnings per share10.9510.269.036.755.104.933.163.252.702.27

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsSEK 10.27bnSEK 10.08bnSEK 7.83bnSEK 6.32bnSEK 3.75bnSEK 2.21bnSEK 1.89bnSEK 1.68bnSEK 1.26bnSEK 1.10bn
Cash and short-term investmentsSEK 416.5mSEK 243.6mSEK 171.9mSEK 615.8mSEK 119.9mSEK 134.7mSEK 16.7mSEK 235.3mSEK 58.0mSEK 80.9m
Total liabilitiesSEK 5.43bnSEK 5.18bnSEK 4.42bnSEK 3.11bnSEK 1.76bnSEK 1.36bnSEK 1.13bnSEK 1.01bnSEK 863.8mSEK 762.5m
DebtSEK 3.04bnSEK 2.54bnSEK 2.26bnSEK 1.63bnSEK 873.8mSEK 616.7mSEK 557.1mSEK 509.3mSEK 406.1mSEK 383.5m
Shareholders' equitySEK 4.84bnSEK 4.91bnSEK 3.41bnSEK 3.21bnSEK 1.99bnSEK 843.4mSEK 759.4mSEK 669.6mSEK 398.2mSEK 334.2m
Shares outstanding40m40m38m36m41m33m32m30m29m29m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsSEK 1.11bnSEK 949.0mSEK 718.4mSEK 563.4mSEK 488.0mSEK 436.3mSEK 283.2mSEK 197.1mSEK 187.6mSEK 158.4m
Capital spending−SEK 27.2m−SEK 402.6m−SEK 377.0m−SEK 285.3m−SEK 228.2m−SEK 172.9m−SEK 156.6m−SEK 142.6m−SEK 109.3m−SEK 92.8m
Free cash flowSEK 1.08bnSEK 546.5mSEK 341.4mSEK 278.0mSEK 259.8mSEK 263.4mSEK 126.6mSEK 54.5mSEK 78.4mSEK 65.6m
Dividends paid−SEK 137.0m−SEK 109.2m−SEK 82.7m−SEK 68.1m−SEK 53.2m−SEK 33.3m−SEK 38.8m−SEK 32.8m−SEK 29.4m−SEK 26.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueSEK 954.5mSEK 955.1mSEK 983.1mSEK 854.8mSEK 915.8mSEK 879.8mSEK 926.9mSEK 809.3m
Operating incomeSEK 205.7mSEK 173.3mSEK 210.0mSEK 176.5mSEK 176.1mSEK 153.5mSEK 177.5mSEK 170.7m
Net incomeSEK 118.0mSEK 98.7mSEK 135.2mSEK 112.2mSEK 104.9mSEK 83.1mSEK 96.7mSEK 108.4m
Diluted earnings per share2.972.493.402.822.642.092.422.71
Cash from operationsSEK 92.0mSEK 783.0mSEK 110.0mSEK 156.0mSEK 85.0mSEK 757.0mSEK 102.0mSEK 155.0m
Capital spending−SEK 121.0m−SEK 120.0m−SEK 5.0m−SEK 7.0m−SEK 115.0m−SEK 114.0m−SEK 95.0m−SEK 105.0m
Free cash flow−SEK 29.0mSEK 663.0mSEK 105.0mSEK 149.0m−SEK 30.0mSEK 643.0mSEK 7.0mSEK 50.0m
Total assetsSEK 11.57bnSEK 11.81bnSEK 10.27bnSEK 9.70bnSEK 9.83bnSEK 9.86bnSEK 10.08bnSEK 9.09bn
Cash and short-term investmentsSEK 582.5mSEK 759.0mSEK 416.5mSEK 267.1mSEK 301.8mSEK 483.2mSEK 243.6mSEK 903.2m
DebtSEK 3.66bnSEK 3.49bnSEK 2.92bnSEK 2.51bnSEK 2.55bnSEK 2.47bnSEK 2.54bnSEK 2.01bn
Shareholders' equitySEK 5.07bnSEK 5.05bnSEK 4.84bnSEK 4.84bnSEK 4.75bnSEK 4.67bnSEK 4.90bnSEK 4.75bn

Financial ratios

Data as of 6 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin18.5%20.0%21.5%18.1%18.0%17.0%—
Net margin12.0%12.3%12.2%12.4%13.2%12.2%—
Return on equity9.0%8.4%10.0%7.6%10.4%19.1%—
Return on assets4.2%4.1%4.3%3.9%5.5%7.3%—
Free cash flow yield10.4%12.3%10.6%8.5%6.4%6.8%—
Revenue growth9.0%20.0%40.4%25.9%19.7%13.5%—
Earnings growth6.2%20.9%38.5%18.3%28.8%57.3%—
Current ratio0.77x0.63x0.72x1.09x0.70x0.77x—
Debt to equity0.61x0.51x0.65x0.49x0.41x0.70x—
Equity ratio47.2%48.7%43.5%50.8%53.0%38.2%—
Interest coverage6.24x5.33x6.01x8.18x13.37x14.74x—
R&D as a share of sales—11.1%4.5%4.5%4.5%5.2%5.7%
Buybacks as a share of market value0.5%-6.4%-3.6%10.7%-24.7%-0.6%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue22.5%22.6%19.4%
Operating income26.4%26.4%21.7%
Net income21.1%22.1%18.7%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin20.3%20.1%19.6%18.2%
Net margin12.1%12.2%12.3%11.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings28.353.064.861.9109.369.158.623.932.233.2
Price to sales3.46.57.97.714.48.55.22.33.03.3

Dividends and splits

Per share, in the currency the company pays

Paid for 17 years. Last went ex-dividend on 24 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year2.764.503.002.282.001.641.351.20
  • 5-for-1 split · 22 Dec 2015

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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